To Determine the Slope of the Variable Cost from a Scatter

question 171

True/False

To determine the slope of the variable cost from a scatter diagram, divide the change in volume by the change in cost.

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Definitions:

Clarification

The act of rendering a statement or scenario more clear and understandable.

Emotional Intelligence

The ability to form work relationships with colleagues, display maturity in a variety of situations, manage emotions, consider the emotions of others, and resolve conflicts by interacting with colleagues constructively to achieve a positive outcome.

Work Relationships

Interactions and bonds formed between colleagues in a professional setting.

Manage Emotions

The ability to understand, control, and express one's emotions in a healthy and productive manner.